China, Russia to continue stong growth in 2007 - Geffen

Equity markets that outperformed in 2006 are expected to continue their strong growth for 2007, acco...

Equity markets that outperformed in 2006 are expected to continue their strong growth for 2007, according to Robin Geffen, chief investment officer at Neptune. The most notable examples of 2006 outperformers are China and Russia, he said. “Key elements in their dramatic growth are the building middle classes and wage growth,” he added. “We believe these economies are emerging at a quicker rate than most people expected and should not be underestimated in terms of their global importance.” Japan also has its own dynamics and should be watched carefully in 2007, Geffen said. “It is o...